INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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WOMAN ARRESTS KIDNAPPER OF HER DAUGHTER IN ZARIA. (PHOTO).

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Woman arrests kidnapper of her daughter in Zaria

A suspect who reportedly abducted a girl in Zaria and demanded ransom for her release has been arrested by the girl’s mother.
A source told DAILY POST that one Aminu Ibrahim, aged 35, was suspected to have abducted a young woman, Fatima Adamu, aged 23, who he allegedly killed and buried her.
Speaking at her residence, the mother of the kidnapped young woman, Mallama Nana Fatima while speaking at her residence could not explain further due to her grief at the incident.
Hajara Adamu, a younger sister to the victim, explained that Fatima had travelled to Kaduna with the intention of spending four days, saying that several phone calls were put to her without response when she did not return at the stipulated time.
Hajara claimed it was later that a man picked her call and told the family that Fatima had been abducted by him and demanded N100,000 as ransom, stressing that the amount was raised by the family and given to the suspect at an appointed place in Wusasa, Zaria.
The sister further explained that the suspect who promised to release the victim that day, did not but after three days, called back and demanded another N100,000.
At this point, the mother and the sister, after selling her plot of land, took the money to the designated meeting point in Wusasa, where she saw and recognised the suspect after coming down from a commercial motorcycle, popularly called Okada.
According to Fatima, she instantly raised an alarm that attracted people to the scene who helped in arresting the suspect and handed him over to the Dan Magaji Division Police Station for interrogation.
The suspect confessed to the crime and took the police to his residence in Limancin Iya, Zaria, where he was suspected of having buried the abducted young woman, saying that the victim died in their custody and they buried her in his residence at Limancin Iya.
The spokesman of the Kaduna State Police Command, ASP Mansir Hassan, confirmed the arrest of the suspect, saying that the investigation was ongoing.

 

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